magnificent seven

alternative Magnificent Seven

1. colloquialpluralplural onlybusinessThe seven Big Tech companies or their stock: Apple, Amazon, Alphabet, Nvidia, Tesla, Meta, and Microsoft.

   The “magnificent seven” now account for 29% of the market value of the S&P 500, and a whopping 61% of the NASDAQ 100, up from 20% and 53%, respectively, at the start of the year.

   2023 July 20, “Big tech’s dominance is straining the logic of passive investing”, in The Economist, →ISSN

   1 more example

   “We are on the edge of an AI surge that will make the dotcom boom look like spring break,” says Boris Feldman, co-head of Freshfield's global tech practice, who advises multiple “magnificent seven” tech companies.

   2024 July 20, Tabby Kinder, George Hammond, Hannah Murphy, Alex Rogers, quoting Boris Feldman, “Has Silicon Valley gone Maga?”, in FT Weekend (Big Read section), London: The Financial Times Ltd., →ISSN, →OCLC, page 6

   Synonyms: Mag7

2. UKcolloquialpluralplural onlyThe seven large private cemeteries established in London in the 19th century.

1. pluralplural onlyAlternative letter-case form of magnificent seven.